Mexco Energy Corp. operates as an independent oil and gas company, which engages in the acquisition, exploration, development, and production of natural gas properties and crude oil. The firm focuses on the Midland Basin located in Eastern portion of the Permian Basin including Reagan, Upton, Midland, Martin, Howard, and Glasscock Counties; and Delaware Basin located in the Western portion of the Permian Basin including Lea and Eddy Counties, New Mexico, and Loving County. The company was founded in April 1972 and is headquartered in Midland, TX.

Company profile
Ticker
MXC
Exchange
Website
CEO
Nicholas C. Taylor
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Forman Energy Corporation • Southwest Texas Disposal Corporation • TBO Oil & Gas, LLC ...
IRS number
840627918
MXC stock data
News

Bullish Sentiment Across The Cannabis Space - Check Full Movers For August 15, 2022
15 Aug 22
Mexco Energy Q1 EPS $0.59 Up From $0.19 YoY, Sales $2.45M Up From $1.26M YoY
15 Aug 22
Cannabis Stock Movers For June 10, 2022
10 Jun 22
Cannabis Stock Movers For June 9, 2022
9 Jun 22
Bearish Sentiment Across The Cannabis Space - Check Full Movers For June 8, 2022
8 Jun 22
Calendar
15 Aug 22
20 Aug 22
31 Mar 23
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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Annual (USD) | Mar 22 | Mar 21 | Mar 20 | Mar 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 537K | 537K | 537K | 537K | 537K | 537K |
Cash burn (monthly) | 277.92K | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 468.33K | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 68.68K | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 0.2 | n/a | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
8 Mar 22 | Thomas H Decker | MXC COMMON STOCK | Sell | Dispose S | No | No | 37.5 | 102 | 3.83K | 8,398 |
7 Mar 22 | Thomas H Decker | MXC COMMON STOCK | Sell | Dispose S | No | No | 32.05 | 2,000 | 64.1K | 8,500 |
7 Mar 22 | Stacy D. Hardin | MXC COMMON STOCK | Sell | Dispose S | No | No | 32 | 375 | 12K | 849 |
7 Mar 22 | Stacy D. Hardin | MXC COMMON STOCK | Sell | Dispose S | No | No | 30 | 375 | 11.25K | 1,224 |
7 Mar 22 | Stacy D. Hardin | MXC COMMON STOCK | Option exercise | Acquire M | No | No | 4.84 | 750 | 3.63K | 1,599 |
7 Mar 22 | Stacy D. Hardin | STOCK OPTIONS COMMON STOCK | Grant | Acquire A | No | No | 4.84 | 750 | 3.63K | 8,750 |
7 Mar 22 | Tammy Mccomic | MXC COMMON STOCK | Sell | Dispose S | No | No | 32.25 | 2,000 | 64.5K | 41,465 |
7 Mar 22 | Tammy Mccomic | MXC COMMON STOCK | Option exercise | Acquire M | No | No | 7 | 2,000 | 14K | 43,465 |
7 Mar 22 | Tammy Mccomic | STOCK OPTIONS COMMON STOCK | Grant | Acquire A | No | No | 7 | 2,000 | 14K | 84,000 |
4 Mar 22 | Thomas H Decker | MXC COMMON STOCK | Sell | Dispose S | No | No | 24.95 | 4,500 | 112.28K | 10,500 |
Institutional ownership, Q1 2022
5.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 8 |
Opened positions | 6 |
Closed positions | 1 |
Increased positions | 2 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 2.03M |
Total shares | 125.27K |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 61.11K | $990K |
Dimensional Fund Advisors | 41.09K | $666K |
Renaissance Technologies | 19K | $308K |
MS Morgan Stanley | 2.3K | $37K |
UBS UBS Group AG - Registered Shares | 1.5K | $24K |
Tower Research Capital | 236 | $4K |
Stonebridge Capital Advisors | 22 | $0 |
WFC Wells Fargo & Co. | 5 | $0 |
Proequities | 0 | $0 |
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
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New words:
assessment, began, Chesapeake, consuming, criteria, Dimmit, eastern, light, Penn, Reagan, utilized
Removed:
attributable, beginning, Board, captured, Committee, computed, counterparty, cumulative, cutting, depressed, derivative, dilutive, dividing, growth, implemented, inclusion, line, longer, manage, method, objective, occur, October, outweigh, pandemic, paycheck, PPP, predictable, pretax, program, put, realizable, reduced, reflected, September, stable, subjective, sufficient, Unsettled, weight
Financial reports
Current reports
8-K
Mexco Energy Corporation Reports Financial Results for First Quarter
15 Aug 22
8-K
Mexco Energy Corporation Reports Financial Results for Fiscal 2022
27 Jun 22
8-K
Mexco Energy Corporation Reports Financial Results for Third Quarter
8 Feb 22
8-K
Mexco Energy Corporation Reports Financial Results for Profitable Second Quarter
4 Nov 21
8-K
Submission of Matters to a Vote of Security Holders
10 Sep 21
8-K
Mexco Energy Corporation Reports Financial Results for Profitable First Quarter
11 Aug 21
8-K
Mexco Energy Corporation Reports Financial Results for Fiscal 2021
25 Jun 21
8-K
Mexco Energy Corporation Reports Financial Results for the Third Quarter
10 Feb 21
8-K
Mexco Energy Corporation Reports Financial Results for Second Quarter and Development of Properties
5 Nov 20
8-K
Submission of Matters to a Vote of Security Holders
11 Sep 20
Registration and prospectus
S-8
Registration of securities for employees
2 Oct 19
S-8 POS
Registration of securities for employees (post-effective amendment)
22 Jul 13
S-8
Registration of securities for employees
4 Mar 10
S-8
Registration of securities for employees
13 Feb 06
8-A12B
Registration of securities on exchange
4 Sep 03
Other
Ownership
4
MEXCO ENERGY / TAMMY MCCOMIC ownership change
8 Mar 22
4
MEXCO ENERGY / Stacy D. Hardin ownership change
8 Mar 22
4
MEXCO ENERGY / THOMAS H DECKER ownership change
8 Mar 22
4
MEXCO ENERGY / TAMMY MCCOMIC ownership change
2 Mar 22
4
MEXCO ENERGY / Stacy D. Hardin ownership change
2 Mar 22
4
MEXCO ENERGY / TAMMY MCCOMIC ownership change
25 Feb 22
4
MEXCO ENERGY / Stacy D. Hardin ownership change
25 Feb 22
4
MEXCO ENERGY / NICHOLAS C TAYLOR ownership change
4 Jan 22
4
MEXCO ENERGY / NICHOLAS C TAYLOR ownership change
12 Nov 21
4
MEXCO ENERGY / DONNA GAIL YANKO ownership change
15 Oct 21
Reddit threads
Daily Discussion Thread - August 16th, 2022
16 Aug 22
Daily Discussion Thread - August 10th, 2022
10 Aug 22
Daily Discussion Thread - August 9th, 2022
9 Aug 22
Daily Discussion Thread - June 24th, 2022
24 Jun 22
Netflix lays off 300 more employees as revenue growth slows
23 Jun 22
Daily Discussion Thread - June 23rd, 2022
23 Jun 22
Daily Discussion Thread - June 22nd, 2022
22 Jun 22
Daily Discussion Thread - June 21st, 2022
21 Jun 22
Launch the GME rocket in the name of the Degenerate Party of Wallstreetbets R*****s (DPWR)
25 Mar 22
Musk gambled his life for Ukraine. This feels like some WSB-level stakes.
14 Mar 22